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July 5, 2008

No holiday from high gas prices this July 4th

Filed under: business — Tags: , , — Gladiator @ 2:45 pm

Fourth of July travelers are paying the highest prices ever for a gallon of gasoline this week, according to AAA Texas.

In Texas, the average price for regular self-serve gasoline hit $3.96 a gallon, up 3 cents from last week. Nationally, the average price gained 3 cents to a new record of $4.10 a gallon.

The average price rose to $3.95 a gallon in both Dallas and Fort Worth, up 2 cents in Dallas and nearly 3 cents in Fort Worth.

The highest price was in Beaumont, where it jumped 6 cents to a record $3.99 a gallon. Both Houston and Galveston City tied for the cheapest fuel at $3.93 a gallon, up nearly 2 cents and 3 cents, respectively.

Prices averaged $3.95 a gallon in Austin and $3.93 a gallon in San Antonio, up 3 cents for both cities.

"Despite the record high fuel prices, almost 2.8 million Texans are expected to venture out for the holiday," said AAA Texas spokeswoman Rose Rougeau. "Although down 2 percent compared to last year, that is still a great deal of travelers."

Web site: www.aaa-texas.com



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